Reported 2 months ago
Warren Buffett, the CEO of Berkshire Hathaway, expects the company's cash and cash equivalents, primarily invested in short-term Treasury bonds, to exceed $200 billion in value when the firm reports its second-quarter earnings. Amid recent stock sales, Buffett aims to maintain a conservative investment strategy focused on safety, while suggesting that investors consider S&P 500 index funds for long-term growth.
Source: YAHOO